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Story summary
- SpaceX is negotiating $40 billion financing to buy Nvidia graphics processing units.
- Apollo Global Management leads the effort, working with several banks.
- The plan calls for $10 billion in bank loans and $30 billion in investment-grade bonds.
- Financing discussions are preparatory, with completion expected in 2027.
- SpaceX’s share price slipped after the news while Nvidia’s share stayed stable.